Morocco, a very promising market for investors in post COVID-19 era
Morocco, which has taken a set of measures to deal with the coronavirus pandemic, stands out as “a very promising market with huge opportunities” for investors in the post-Covid 19 era, outlined a recently released report by the Chamber of Commerce of the Valencia region.
Unlike other countries in North Africa, which are directly dependent on oil and tourism revenues and which will be most badly affected by the coronavirus health crisis, Morocco has the “most diversified” economy in the region, stated the report on the management of the spread of the coronavirus and the future of exports from the Spanish region to its partners.
Morocco’s diversified economy will allow the Kingdom to strengthen its position as a land of “opportunity”, explained the Chamber of Commerce of Valencia, a region that accounts for 10% of Spain’s GDP.
The report forecasts an increase in trade between this autonomous community and Morocco from the second half of the current year.
The report also highlighted the proactive measures undertaken by Morocco since the first cases were recorded in the country, underlining that thanks to these measures, Morocco proved it is the best, among North African countries, when it comes to the management of the coronavirus pandemic.